We develop an interpretation of the economics of alternative shareholder liability regimes that challenges the view that limited liability always represents the most efficient form of corporate ...

In the transactional setting, lawyers are often concerned with confirming the authority of corporate officers and other agents to bind the corporation. Thus, we often see representations and ...

The Harvard Law Review publishes articles by professors, judges, and practitioners and solicits reviews of important recent books from recognized experts. Each issue also contains pieces by student ...

The decision's significance, however, is not limited to the facts of Hoskins and the FCPA — and may have implications for any case involving corporate criminal liability for the actions of agents.

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

Agency agreements are used when one party authorizes another to conduct business on its behalf. The authorizing party is known as the principal, while the party conducting the business is known as the ...